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Lesson from Termination of the Canadian Immigrant Investor Program – Did the US Congress get it right for EB-5 Program?

By    Mona Shah, Esq.   Yi Song, Esq. IMMACT90 is a legislation that used to be regarded by immigration lawyers as a milestone for deportation issues. The act significantly restructured the U.S. immigration system and included changes to non-immigrant visa categories, deportation rules, and increased legal immigration...

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Canada Terminates Inefficient Investor and Entrepreneur Programs – An Opportunity for the EB-5 Program in the US?

February 17, 2014 Canada’s Citizenship and Immigration Ministry recently announced the government’s intent to terminate the federal Immigrant Investor Program (IIP) and Federal Entrepreneur (EN) Program, which would eliminate a large and longstanding backlog of applications. Under the Immigrant Investor Program, Canada offered guaranteed permanent residence in...

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